Flat 2, 551A
Flat 2, 551A
Description & Estimates
Public records show Flat 2, 551A, Green Lane, Ilford to be a mid-century leasehold apartment with 592 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
Flat 2, 551A, Green Lane, Ilford has an estimated sale value of £227,659 and an estimated rental value of £1,458 per month, assuming reasonable condition and based on the information available.
The apartment sits within 551A, Green Lane, Ilford, IG3.
Green Lane, Ilford, IG3 lies in the borough of Redbridge, within the IG3 postal district.
Our Data Sources
Flat 2, 551A, Green Lane, Ilford has a single entry in the Land Registry from April 2016 and a single entry in the EPC database dated January 2024.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate Flat 2, 551A, Green Lane, Ilford would be worth £239,042, with a potential rental value of £1,531 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £211,723, with a rental value of £1,356 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of Flat 2, 551A, Green Lane, Ilford has fallen by £5,145 (2.3%) over the last year. During the same period, its estimated monthly rental value has moved up by £40 (2.8%). The property's estimated gross yield is currently 7.7%.
Energy Efficiency
Flat 2, 551A, Green Lane, Ilford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 26 Jan 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
Flat 2, 551A, Green Lane, Ilford last changed hands on 22nd April 2016, selling for £161,500. The transaction was logged as a leasehold flat by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 19.4% since April 2016.
- Sold Apr 2016£161,500
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 410 metres of Flat 2, 551A, Green Lane, Ilford across the last 2 years.
Most recently, Apartment 11, Montague House 527, Green Lane, Ilford, IG3 9RH, a leasehold flat, sold at £251,500 on the 6th March 2026.
Read more about house prices in IG3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks Flat 2, 551A, Green Lane, Ilford as the 374th largest and the 476th most expensive of the 590 addresses on Green Lane, Ilford, IG3.
Against the IG3 postcode district average, it is £250k less expensive than the typical property.
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Schools Nearby
- 300mGoodmayes Primary School
- 300mAl-Noor Voluntary Aided Muslim Primary School
- 700mBarley Lane Primary School
- 600mMayfield School
- 1.0kmChadwell Heath Academy
- 1.2kmThe Palmer Catholic Academy
More reading links
Public Transport Nearby
Goodmayes station is the nearest stop to Flat 2, 551A, Green Lane, Ilford at 200 metres away.
- 200mGoodmayes
- 900mSeven Kings
- 1.3kmChadwell Heath
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
